Business Finance Senior Analyst, AS

Deutsche Bank; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Leave policy

Childcare assistance

Health insurance

Certification sponsorship

Employee assistance

Job summary

Deutsche Bank AG in Mumbai seeks a Business Finance Senior Analyst to provide senior-level P&L and valuation control for securitised products, including MBS and CMOs. The role involves month-end close, escalations, and collaboration with Front Office, Risk, and Technology.

Based in Mumbai, reporting to the AVP/VP Business Finance Lead. The ideal candidate has 5–7 years in Product Control or related areas, with strong GAAP/IFRS knowledge and experience in Python/SQL for automation.

Qualifications

• Qualified Finance professional with CA or MBA in Finance or related discipline.
• Typically 5–7 years of experience in Product Control, Valuation control, Middle Office, Risk, or Fixed income Finance.
• Deep knowledge of Fixed Income and Securitised Products such as Agency MBS, CMO, ABS and related derivatives.

Responsibilities

• Own daily P&L production, review, substantiation, and commentary for assigned securitised product books.
• Lead front-office P&L sign-off by investigating material variance.
• Oversee reconciliations across front office, risk, sub-ledger and general ledger systems.

Skills

P&L ownership

Valuation control

Fixed income

Python

SQL

Automation

Education

CA or MBA in Finance

Tools

Workflow automation

Job description

Job Description:Job Title- Business Finance Senior Analyst, ASLocation- Mumbai, IndiaRole DescriptionThe Associate will provide senior-level Product Control coverage for securitised Products business, with primary responsibility for Mortgage-Backed Securities (MBS), and Agency Collateralised Mortgage Obligations (CMOs).The role combines independent P&L and valuation control with complex escalations, control enhancements, month-end close and oversight of work produced by Senior analysts. This role is based out in DIPL Mumbai and will be reporting to AVP / VP Business Finance Lead.As a Business Finance personnel, the core responsibilities are to ensure accurate reporting of periodic P&L, Risk and BS based on sound business/ product understanding along with strong accounting & system knowhow.What we’ll offer youAs part of our flexible scheme, here are just some of the benefits that you’ll enjoyBest in class leave policyGender neutral parental leaves100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs. and aboveYour key responsibilitiesOwn daily P&L production, review, substantiation, and commentary for assigned securitised product books, ensuring timely delivery and a clear explanation of revenue driversReview P&L attribution across new issue activity, market moves, carry, prepayment behaviours, time decay, convexity, basis risk, financing / repo, cancellation / amendments and manual adjustmentsLead timely front-office P&L sign-off by investigating material flash to actual variance.Oversee daily and month-end reconciliations across front office, risk, sub-ledger and general ledger systems; drive root cause resolution of recurring breaks with technology, Operations and Middle officeReview and challenge balance-sheet completeness, position integrity, trade populations, inventory reconciliations and accounting-policy application across relevant legal entitiesAct as a senior point of contact for Trading, Risk, Valuation Control, Operations, Treasury, Technology, Financial control, Audit, Regulatory reporting on complex P&L, valuation and control issuesTake ownership of month-end close activities, including accounting to economic P&L reconciliation, journal review, certification support and preparation of reporting packs for senior finance and trading managementSupport new-product onboarding, system migrations, booking model changes, control framework enhancements, and user acceptance testingIdentify and lead process-improvement, automation and AI-enabled initiatives across P&L & BO processes, reconciliations, variance commentary and management reportingMaintain robust procedures, control documentation, audit evidence, and issue tracking records; monitor KRI’s, SLA’s and control thresholds, escalating breakdowns promptly with key stakeholders.Your skills and experienceQualified Finance professional - CA or MBA in Finance or any related discipline.Typically, 5-7 years of experience in Product Control, Valuation control, Middle Office, Risk, or Fixed income Finance, with substantial exposure to securitised products.Deep knowledge of Fixed Income and Securitised Products such as Agency MBS, CMO’s ABS’s structured credit and related derivatives or hedging instrumentsDemonstrated Experience owning daily P&L, P&L attribution, Front-office sign-off, IPV, reserves/valuation adjustments, reconciliations and month-end close.Solid knowledge with GAAP/IFRS fair-value accounting concepts, financial instrument classification, valuation reserves and internal controls over financial reportingExperience reviewing or supervising junior team members, managing escalations and communicating complex valuation and P&L issues to senior stakeholdersApply Python, SQL, and workflow-automation tools to improve data ingestion, P&L production and recurring control activitiesPartner with technology, Data, and Audit to ensure AI solution satisfy data quality, privacy and security and responsible AI requirementsCore Competencies:End-to-end ownership of P&L, valuation and balance sheet controlsIndependent challenge and valuation control mindsetRoot cause analysis and pro-active escalationStakeholder management across Front office, Risk, Operations and TechnologyStrong interpersonal skills and ability to communicate effectively across global teamsCommitment to automation, AI governance, and continuous improvementCouching, quality review and team developmentProven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.How we’ll support youTraining and development to help you excel in your careerCoaching and support from experts in your teamA culture of continuous learning to aid progressionA range of flexible benefits that you can tailor to suit your needsAbout us and our teamsPlease visit our company website for further information:https://www.db.com/company/company.htmlWe strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.